"Despite weak Q2 manufacturing figures, prices and rents of industrial properties remain relatively stable amid increasingly volatile market conditions"
- Higher occupancy levels seen across the board
- Industrial sales activity set to moderate further amid a weak manufacturing outlook
- Stabilising rents and prices noted
- As expected, few REIT acquisitions this quarter
- Only one Industrial site on the Confirmed List and seven sites on the Reserve List in the second half of the Government Industrial Land Sales Programme